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re: Diving deeper on Standard Lithium?

Posted on 8/17/21 at 8:09 am to
Posted by SmackoverHawg
Member since Oct 2011
27770 posts
Posted on 8/17/21 at 8:09 am to
$6.27 premarket. Looks like we headed back below $6.00. People panicking with quick run up, sell off and no news.
Posted by skewbs
Member since Apr 2008
2049 posts
Posted on 8/17/21 at 8:10 am to
quote:

Yeah I said no more shares for me but if it goes sub $6 I may think about adding.


Some folks can't see the great buying opportunity we are being afforded here. Last week most were begging for one more dip! Well here it is; right in front of you. Take advantage.... or don't... I can assure you I will though.
Posted by Fe_Mike
Member since Jul 2015
3318 posts
Posted on 8/17/21 at 8:16 am to
I’m hoping that’s close to the bottom and it is similar to yesterday’s action. Slow recovery through the day could get us back to that $6.50 range.

We gapped straight through the 6’s on the way up and consolidated in the low 7’s. Puts $6 as a strong floor, and super volatile between $6-$7. My guess is we bounce hard close to that floor and if it doesn’t break, start a recovery there. Sideways trading til the next news cycle rather than continuous bleeding.
Posted by Who_Dat_Tiger
Member since Nov 2015
19087 posts
Posted on 8/17/21 at 8:22 am to
It’s been a constant slide since we hit $9

Hope $6 is the floor. Supports up near $5 now, don’t see us going below $6 though but will have some buy orders in case
This post was edited on 8/17/21 at 8:24 am
Posted by Fe_Mike
Member since Jul 2015
3318 posts
Posted on 8/17/21 at 8:32 am to
Yup. I have no cash available but for people looking to start a position/add I’d suggest orders in at $6.05 today. Quick raid down to that level and equally sharp recovery plausible.
Posted by el Gaucho
He/They
Member since Dec 2010
54729 posts
Posted on 8/17/21 at 8:34 am to
I see some serious bagholder bingo in this thread

Anybody handing out pitchforks yet
Posted by SouthMSReb
Member since Dec 2013
4469 posts
Posted on 8/17/21 at 8:34 am to
Baws, I'm happy to announce that I've joined you all as a shareholder of SLI.

Bought 750 shares yesterday at 6.37. Probably going to average down a little today.

LFG!!!
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 8/17/21 at 8:36 am to
I’m having to sell my house if anyone wants to buy it. Luckily I have two tents
Posted by Followthestandard
Member since Jul 2021
12 posts
Posted on 8/17/21 at 8:38 am to
All of the people praying for a massive dip, here it is. I feel like today is one of the best buying opportunities we’ve seen in quite a while regarding this stock
Posted by PotatoChip
Member since May 2014
3752 posts
Posted on 8/17/21 at 8:45 am to
I’ve been a long term holder of the stock. It’s had a five day sell off. Before that, it ran for a couple weeks. It does hurt, but for long term holders, we knew this thing was going to swing a lot after the uplist. I wish we would get news soon too, but I feel confident that this stock will continue to rise over time. If you’re not trying to swing trade, these daily moves shouldn’t bother you as much.
Posted by Shamoan
Member since Feb 2019
10002 posts
Posted on 8/17/21 at 8:53 am to
Posted by el Gaucho
He/They
Member since Dec 2010
54729 posts
Posted on 8/17/21 at 9:15 am to
Gonna turn my standard lithium shirt into a hobo rucksack
Posted by Paul Allen
Montauk, NY
Member since Nov 2007
76101 posts
Posted on 8/17/21 at 9:20 am to
quote:

If you’re not trying to swing trade,


I’d have to guess 7 maybe 8 out of 10 posters on this board are swing trading.

quote:

these daily moves shouldn’t bother you as much.


Exactly. Buy and hold for a very long time.
Posted by SmackoverHawg
Member since Oct 2011
27770 posts
Posted on 8/17/21 at 9:28 am to
quote:

Exactly. Buy and hold for a very long time.


I'm holding like it was my dick and I was swimming across the Amazon.
Posted by FMtTXtiger
Member since Oct 2018
3977 posts
Posted on 8/17/21 at 9:41 am to
this is good news actually, its hangin in the same range all morning on crappy market day and international BS.

im predicting a close at 6.60.
Posted by Boomer Rick
Member since Apr 2021
150 posts
Posted on 8/17/21 at 9:47 am to
Speculative stocks are getting pummeled today, and it may continue for a while. We get down to 500 million I’ll be buying a lot more.
Posted by el Gaucho
He/They
Member since Dec 2010
54729 posts
Posted on 8/17/21 at 9:49 am to
There’s an extra futon in maw maws trailer if you need to crash baw. I know we’re all in a tough spot

She made a bunch of money off oil stocks and bought a house and felt bad for me losing it all in lithium soyvestments
Posted by Krayfish11
Member since Aug 2021
27 posts
Posted on 8/17/21 at 9:50 am to
Hey guys, I have been following along time and decided to actually post something. The biggest question I have is why do we think JV is still Going to happen any day. Smack first mentioned this over a year ago. That’s a long time in the business world for acquisition! It’s starting to sound like my parents saying the Dinar is going to reevaluate any day!?
Posted by BallsEleven
Member since Mar 2019
6163 posts
Posted on 8/17/21 at 9:54 am to
I've given up trying to predict when that will happen.

Welcome to the party
This post was edited on 8/17/21 at 9:55 am
Posted by el Gaucho
He/They
Member since Dec 2010
54729 posts
Posted on 8/17/21 at 9:58 am to
quote:


this is good news actually

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